District of Columbia Personal Lines Insurance License Exam — All Questions

Which agency issues resident personal lines insurance producer licenses in the District of Columbia?

• a.The DC Department of Insurance, Securities and Banking (DISB)✓
• b.The DC Department of Motor Vehicles
• c.The DC Bureau of Insurance Agents
• d.The federal Department of Insurance

Insurance in the District of Columbia is regulated by the Department of Insurance, Securities and Banking (DISB), led by an appointed Commissioner. It licenses producers and companies, reviews rates and forms, and enforces the DC insurance code. There is no federal insurance department. Source: DC Department of Insurance, Securities and Banking (https://disb.dc.gov).

After a producer is licensed in the District of Columbia, what generally must occur before transacting business for a specific insurer?

• a.Nothing further — the license alone authorizes sales for any insurer
• b.The insurer must appoint the producer, with the appointment on file with DISB✓
• c.The producer must post a personal surety bond with the DC treasurer
• d.The producer must first sell to at least five clients on a temporary permit

A license lets a person act as a producer, but to represent a particular company that insurer must appoint the producer, with the appointment filed with the DC Department of Insurance, Securities and Banking. A producer may hold appointments from several insurers at once. This follows the NAIC producer-licensing model DC uses.

Which statement about continuing education (CE) for resident personal lines producers in the District of Columbia is correct?

• a.Resident producers must complete DISB-approved CE each renewal cycle to keep the license active; confirm the exact hours and ethics requirement with DISB✓
• b.CE is optional and only recommended for new producers
• c.CE is required once, in the first year, and never again
• d.Passing the licensing exam permanently exempts a producer from all CE

Like the states, the District of Columbia requires resident producers to complete approved continuing education each renewal cycle, typically including an ethics component, before renewing. Because specific hour totals can change, verify the current CE requirement with the DC Department of Insurance, Securities and Banking (https://disb.dc.gov).